{
  "url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-61",
  "json_url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-61.json",
  "legislation": "uksi/2025/1135",
  "legislation_title": "The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025",
  "legislation_url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025",
  "path": "rule/61",
  "kind": "rule",
  "number": "61",
  "heading": "Value of security",
  "text": "(1) A secured creditor may, with the agreement of the T&S administrator or the permission of the court, at any time alter the value which the secured creditor’s proof puts upon the secured creditor’s security.\n(2) Where the secured creditor has voted in respect of the unsecured balance of the secured creditor’s debt and where revaluation is with the agreement of the T&S administrator, the T&S administrator must deliver a notice of the revaluation to the creditors within five business days after the office-holder’s agreement.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/1135/rule/61",
    "retrieved_at": "2026-10-28T21:10:19.201595+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}